SEC Form 4 · accession 0000899243-18-001289
IXYS, LLC · IXYS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth David Wong
Director
Period of report
Jan 17, 2018
Accepted (ET)
Jan 18, 2018 · 1:49 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000945699
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F1,F2 | $12.71 | Jan 17, 2018 | D | 30,000 | D | — | Jun 3, 2021 | Common Stock | 30,000 | 0 | D |
| Stock Option (right to buy)F1,F2 | $12.25 | Jan 17, 2018 | D | 20,000 | D | — | Sep 16, 2021 | Common Stock | 20,000 | 0 | D |
| Stock Option (right to buy)F1,F2 | $9.45 | Jan 17, 2018 | D | 5,000 | D | — | Aug 24, 2022 | Common Stock | 5,000 | 0 | D |
| Stock Option (right to buy)F1,F2 | $9.27 | Jan 17, 2018 | D | 5,000 | D | — | Aug 30, 2023 | Common Stock | 5,000 | 0 | D |
| Stock Option (right to buy)F1,F2 | $11.83 | Jan 17, 2018 | D | 5,000 | D | — | Aug 28, 2024 | Common Stock | 5,000 | 0 | D |
| Stock Option (right to buy)F1,F2 | $11.14 | Jan 17, 2018 | D | 5,000 | D | — | Aug 28, 2025 | Common Stock | 5,000 | 0 | D |
| Stock Option (right to buy)F1,F2 | $11.58 | Jan 17, 2018 | D | 5,000 | D | — | Aug 26, 2026 | Common Stock | 5,000 | 0 | D |
Explanation of responses
- F1Disposed of pursuant to the the closing of the transactions contemplated by that certain Agreement and Plan of Merger, dated as of August 25, 2017 by and among the Issuer, Littlefuse, Inc. ("Littlefuse"), and Iron Merger Co., Inc. Each outstanding and unexercised option to purchase the Issuer's common stock held by the non-employee directors of the Issuer was cancelled and converted into the right to receive an amount in cash (without interest) equal to the product of (x) the excess, if any, of the product of (i) 0.1265 and (ii) $210.77, which is the closing price per share on January 17, 2018 of Littlefuse common stock as reported on the Nasdaq Global Select Market, over the exercise price per share of such option and (y) the number of shares subject to such option.
- F2The option is fully vested and exercisable.